India’s Stance, in the bloodbath

It was black Monday (24th August 2015) for investors in the stock market as evidenced by the -1,621 point drop in the BSE Sensex a -5.9% decline. The Nifty 50 index did not fare any better which lost 490 point, a decline of -5.9%. This is its biggest fall since the 2008 global economic meltdown.…